LIVE MARKETS-Shutdown's here, but some contractors still cash in
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U.S. stock indexes are declining as the government shutdown begins, impacting various sectors. Healthcare leads gains in the S&P, while Communication Services sees the most significant drop. Companies like CACI International, Leidos, and CGI Inc are expected to weather the shutdown better due to their strategic buffers and international revenue streams. In contrast, Booz Allen Hamilton and Serco Group face higher risks. Analysts suggest that the shutdown's impact on sales and cash flows could be more pronounced this time, as it does not coincide with major holidays.
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Source: Reuters The copyright of this article belongs to the original author/organization.
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